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Downtown Office Building
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1317 N Pennsylvania St, Indianapolis, IN 46202

For sale office property with 24 dedicated on-site parking spaces in central Indianapolis.

Property Size12,350 SF
Days on Market51

Property Features for 1317 N Pennsylvania St

General Information

Standard status Active
Size 12,350 SF
Total Parking Spaces 24
Property subtype Office
Zoning C-4
Investment Type Owner/User

Building Details

Year Renovated 2017
Stories 2
Listing Agency: EXP Commercial
Listed By: David Hannon · License #IN RB22002457
Source: Crexi
Added: Jul 13 Changed: Aug 13 Last Checked: Aug 29 at 8:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Commercial

Investment Insights

Based on property information with market context.

Located in downtown Indianapolis at 1317 N. Pennsylvania Street, this for-sale office property offers 24 dedicated on-site parking spaces—an uncommon amenity in the urban core. The building provides a single location for an owner-user or professional services operation, with the parking capacity supporting everyday client and staff access.

The property is described as offering convenient access to major business districts and government offices, as well as nearby dining and entertainment. Total property size is 12,350 square feet.

Key Highlights

  • Office property at 1317 N. Pennsylvania Street in downtown Indianapolis
  • 24 dedicated on‑site parking spaces

Property Analytics

Current Use

Site Strategics Advertising Agency EDGE Media Studios Recording Studio Matchbook Advertising Agency Gray Architecture's logo Architect Port-to-Port Consulting IT Consulting Firm

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Electrical Service Furniture & Home Goods Pet Grooming Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,419
Businesses Nearby

Demographics for 46202, IN

22,217
Population
12,297
Households
1.8
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
4,039
Density / Sq Mi
$61,082
Median Household Income
$40,499
Median Earnings
$1,258
Median Rent
$420,200
Median Home Value

Market

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
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Frequently Asked Questions

What type of property is this?
Office building - For sale office property with 24 dedicated on-site parking spaces in central Indianapolis.
Where is this office building located?
The property is located at 1317 N Pennsylvania St Indianapolis, IN.
What are key features of this property?
This property features: Office property at 1317 N. Pennsylvania Street in downtown Indianapolis; 24 dedicated on‑site parking spaces
More about this property
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